The Company's core business is providing property catastrophe reinsurance coverage to a range of select insurance companies and other reinsurers, primarily on an excess of loss basis.
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FSR is a brand new Cat-RE company that was started to take advantage of harder markets after the 2005 Underwriting year.Assuming all goes will FSR could be the next AXS, and make shareholders quite rich.FSR has already acessed the insurance capital markets via an issuance of subordinated debentures and the creation of reinsurance side cars.